56, STATION ROAD, REARSBY, LEICESTER, LE7 4YY - £282,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 STATION ROAD is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £282,500 in April 2014, which was around 12% above the average April 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

56 STATION ROAD Sold Prices

Land registry data shows two sales for 56 STATION ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 56 STATION ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 11 APR	£282,500	£251,164	12% above HPI
1997 30 MAY	£95,000	£85,614	11% above HPI

56 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 56 STATION ROAD sales from May 1997 and April 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 56 STATION ROAD?

56 STATION ROAD is 74m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 56 STATION ROAD lies on this distribution: 9% of detached houses are smaller than 56 STATION ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

56 STATION ROAD: Plot and Title Map

56 STATION ROAD sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 56 STATION ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 56 STATION ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 56 STATION ROAD?

56 STATION ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 56 on STATION ROAD.